San Pedro Waterfront Development Efforts Presentation for Trade, Commerce & Technology Committee November 17, 2015
Ports O Call Area Redevelopment
Ports O Call Area Redevelopment Implementation Schedule Sampson Way & 7th St. Intersection Improvements Town Square at 6 th Street Ports O Call Promenade and Parking
Ports O Call (POC) Area Implementation Schedule POC -- INFRASTRUCTURE ELEMENTS 2015 2016 2017 2018 2019 Sampson Way - 7th Street at Harbor Blvd. Intersection Improvements Promenade along Main Channel & Town Square at 6th and 7th Street Design Bid Construction Design Bid Construction POC -- DEVELOPER ELEMENTS 2015 2016 2017 2018 2019 Lease Approval Design/Due Diligence Construction Documents Construction
Ports O Call Area Redevelopment An Authentic & Unique Experience The LA Waterfront is the only destination in Southern California set against the background of a working trade gateway America s Port. Unique setting and assets Development district is distinctively different from any other Southern California visitor destination New build and adaptive reuse opportunities
Our Unique LA Waterfront
Our Unique LA Waterfront
LA Waterfront 10-year Capital Improvement Program (CIP) Approx. $200 million for new public access projects through the Public Access Investment Plan
Wilmington Waterfront Projects Avalon Boulevard Corridor Phase I North Wilmington Pedestrian Bridge Avalon Boulevard Corridor Phase IA South
San Pedro Waterfront Projects Sampson Way & 7th St. Intersection Improvements Town Square at 6 th Street Ports O Call Promenade & Parking
PROJECT IMPLEMENTATION LA Waterfront (San Pedro and Wilmington) FY 14/15 15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 Current Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 10 year CIP* (millions) Sampson Way & 7th Street Intersection Improvements x x x x x $13.6 Town Square at 6th Street x x x x x $4.1 Ports O Call Promenade and Parking x x x x x $34.5 Total San Pedro Waterfront $52.2 Wilmington Waterfront Promenade and repurpose or demolition of former Catalina Freight building x x x x x x $52.7 Harry Bridges Blvd. Beautification between Island Ave. and Avalon Blvd. x x x x $17.4 Wilmington Waterfront Pedestrian Bridge x x x x $14.9 Total Wilmington Waterfront $85.0 TOTAL $137.2 POTENTIAL ADDITIONAL PROJECTS LA Waterfront (San Pedro and Wilmington) FY 14/15 15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25 Current Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 10 year CIP* (millions) Sampson Way Roadway from Harbor Blvd to SP Slip x x x x $8.5 Sampson Way South Roadway from SP Slip to 22nd Street x x x x $24.5 Total San Pedro Waterfront $33.0 Avalon Triangle Park x x x $8.9 Total Wilmington Waterfront $8.9 TOTAL $41.9
Other Potential Projects Sampson Way Harbor Blvd to SP Slip Avalon Triangle Park
Waterfront Linkages For Development Master Planning for Pedestrian, Vehicular and Alternative Modes of Public Access to the Water s Edge.
Waterfront Linkages: World Cruise Center
Waterfront Linkages: USS IOWA
Waterfront Linkages: Downtown Harbor
Waterfront Linkages: Public Events at the Downtown Harbor
Waterfront Linkages: CRAFTED at the Port of Los Angeles
Waterfront Linkages: Cabrillo Way Marina
Waterfront Linkages: AltaSea at the Port of Los Angeles
Linkage Implementation: Pedestrian Continued Promenade progress now connecting through Ports O Call
Linkage Implementation: Vehicular Sampson Way Roadway Project
Linkage Implementation: Alternatives Rubber Tire Trolley investment Bike Share concept
LA Waterfront Report to City Council Strategy: Build Value in Waterfront Assets Investment in Public Access Infrastructure Events & Destination Marketing Attract Private Investment
LA Waterfront Report to City Council Waterfront & Commercial Real Estate Division Waterfront Leasing Policy Commercial cycles for reinvestment Strategic term Waterfront Development Strategy LA Waterfront Web, Social Media & Advertising Awareness-building Outreach to Private Developers and Investors
Thank You!